Abraham Lincoln Net Worth

Best known as the 16th America President, Abraham Lincoln was an American statesman and lawyer who was one of the most prominent political figures to have ever lived. He is remembered for his exceptional leadership skills, having been one of the greatest Presidents that America ever had. To find out this and more take a look at this piece as it features the net worth of Abraham Lincoln in 2018.

Early Life & Biography

Abraham Lincoln was born in 1809 on 12th February. He was born in a one-room log cabin on the Sinking Spring Farm near Hodgenville in Kentucky. He was born to Thomas together with Nancy Hanks Lincoln and was their second child. Lincoln grew up in Kentucky as well as Indiana. He was mostly self-educated almost all his life. His mother passed away on October 5, 1818, due to milk sickness. His father remarried, and Lincoln became very close with his stepmother. His sister died on January 20, 1828, while giving birth to a stillborn son, an experience that greatly devastated Lincoln.

He became a lawyer in Illinois and was a Whig Party Leader.

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Personal Life

Lincoln’s first love is said to have been Ann Rutledge who passed away at the age of 22. He courted Mary Owens in the 1830s, but they later had second thoughts about their relationship. Lincoln became engaged to Mary Todd in 1840. Their wedding set for January 1, 1841, was called off after the couple broke off their engagement at Lincoln’s initiative. They later met again at a party and got married on November 4, 1842. They had four children, three of which passed away due to health problems.

Career, Awards & Nominations

Lincoln began his career practicing law. He was then elected as a Whig representative from Sangamon County in the Illinois House of Representatives. He held this position for four successive terms. He was then elected into the U.S. House of Representatives in 1846. He went back to practice law in Springfield and successfully argued many cases in court. In the 1950s, Lincoln was adamant in supporting the fight against slavery.

On May 18, 1860, he became the Republican candidate on the third ballot. Lincoln was elected. He became the President of the United States, and his tenure began in 1860. The victory made him the first president from the Republican party.

Abraham Lincoln was assassinated on April 14, 1865, by John Wilkes Booth while attending a play at Ford’s Theatre. He died the following day at 7:22 a.m.

Net Worth & Earnings

Abraham Lincoln may have made great achievements during his life, but he was not a wealthy man. He is ranked among the poorest U.S. presidents compared to his predecessors. Lincoln had an estimated net worth of less than $1 million in today’s dollars. He made his earnings through his law and political career and during his time serving as the president of the United States.

Abraham Lincoln has been ranked by not only scholars but also the public as one of the greatest Presidents of the U.S. From very humble beginnings; Lincoln rose up against all the odds to serve his community and his country. He abolished slavery, preserved the Union, strengthened the federal government, and modernized the economy. He is undoubtedly an icon in the history of America.